News
After delta deluge, an escape to higher ground
Residents of the Irrawaddy Delta continue to reel from widespread, severe flooding that the region has suffered since mid-July, with thousands forced to abandon their inundated homes in search of higher ground. Keep reading ...
Myanmar's central bank talks up stability amid economic challenges
The Central Bank of Myanmar pledged 18 August to assist private banks that may run into financial difficulties, looking to address recent speculation that some financial institutions were heading for a crash due in part to the recent depreciation of the kyat. Central Bank officials held a ...
Myanmar's parliament extends martial law along Chinese border
Myanmar’s parliament voted on 18 August to again extend martial law for three months in a restive area along the country’s border with China, where there have been clashes between the military and an armed ethnic group since February. Cross-border incidents in the fighting have strained ties ...
Vietnam shares budget problems with Laos, Cambodia, Myanmar
Budget decisions and oversight were among the subjects discussed by representatives from Vietnam, Laos, Cambodia and Myanmar together with foreign experts at a joint workshop that opened in the central coastal city of Da Nang on 17 August. Keep reading ...
Cambodia's garment exports up 9% in first half of 2015
The garment industry, Cambodia’s largest foreign currency earner, has seen a 9% rise in exports in the first six months of 2015, according to the Chinese State’s News Agency-Xinhua. Keep reading ...
ASEAN joins forces to combat human trafficking
The crime of trafficking in persons affects virtually every country in every region in the world, but the Southeast Asian region in particular is hosting a robust flow of trans-regional trafficking in persons for forced labor and sexual exploitation involving thousands of men, women and ...
23 nations issue Thailand travel advisories
Twenty-three countries by 18 August had issued travel advisories in the wake of the 17 August Erawan shrine bombing, with most advising caution rather than avoiding travel to Thailand. Keep reading ...
S&P: Thailand's ratings unchanged after Bangkok bomb
Standard & Poor’s Ratings Services sees limited immediate impact on the sovereign credit support for Thailand in the wake of the 17 August bombing at Bangkok’s popular Erawan Shrine that killed 20 people and injured another 125. Keep reading ...
UnionPay signs chip card standard license with Thailand
UnionPay International and Thai Bankers Association signed Chip Card Standard License Agreement in Bangkok on 18 August. According to the agreement, the chip card standard of UnionPay will be introduced to local banks as the standard of Thailand’s banking industry. Thailand has become the first overseas ...
Bank of Thailand: Slower growth a regional ill
The Bank of Thailand insists that despite shocks and changes experienced in the macroeconomic environment, the country’s fundamentals remain strong, as reflected in the country’s current account surplus, stable foreign exchange rate and low unemployment. Central bank governor Prasarn Trairatvorakul on 17 August said speeding up infrastructure investment ...
